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Loan Comparison: 15 years vs. 30 years

Determining which loan term is right for you can be a challenge. With a 15 year loan you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two loan terms, and let us help you decide which term is better for you.

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This calculator is intended for informational purposes only and is not intended to provide today’s actual rates.
Your actual results may vary.




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